Housing · Pearisburg

Pearisburg, VA housing market

The typical Pearisburg home is worth about $225,000, up 9% in a year, 46% below the Virginia typical home.

Home values, sales, trends and how Pearisburg compares with the towns next door — updated as new data is published.

The market right now

Pearisburg at a glance

Typical home value
$225K
▲ 9% in a year · Zillow
Median sale price
$123K
May 2026 · Redfin
Homes sold
1
in May · 11 for sale

Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.

Ten-year trend

Typical home value, 2016–2026

PearisburgVirginia
$100K$150K$200K$250K$300K$350K$400K$450K 20182020202220242026 Pearisburg $225K Virginia $415K
Show as a table
JanuaryPearisburgVirginia
2017$121,000$253,000
2018$126,000$263,000
2019$130,000$271,000
2020$137,000$284,000
2021$153,000$311,000
2022$174,000$345,000
2023$187,000$367,000
2024$195,000$386,000
2025$202,000$405,000
2026$213,000$411,000
August 2026$225,000$415,000
New construction

No new homes permitted in 2024

No permits for new homes were issued in Pearisburg in 2024. The last year with any was 2023 (5 new homes).

New homes, 2024
0
5 in 2023
Single-familyTwo or more homes per building
02468 2000: 5 homes 2000 2001: 6 homes 2002: 7 homes 2003: 4 homes 2004: 2 homes 2005: 1 home 2005 2006: 8 homes (6 single-family, 2 in buildings with 2+ homes) 2007: 5 homes 2008: 3 homes 2009: 3 homes 2010: 4 homes 2010 2011: 0 homes 2012: 1 home 2013: 2 homes 2014: 0 homes 2015: 1 home 2015 2016: 0 homes 2017: 1 home 2018: 7 homes 2019: 4 homes 2020: 0 homes 2020 2021: 1 home 2022: 7 homes 2023: 5 homes 2024: 0 homes

Homes vs. people, 2010–2020

Residents+123
New homes+20

Between the 2010 and 2020 censuses, Pearisburg gained 123 residents while 20 new homes were permitted: about 6.2 new residents per new home. Population grew faster than building, so existing homes filled up: a sign of tight supply. Across Virginia: 2.2 new residents per new home.

Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.

Show as a table
YearNew homesSingle-family2+ per buildingValue
2024000—
2023550$1.3 million
2022770$1.6 million
2021110$427,000
2020000—
2019440$1.2 million
2018770$1.6 million
2017110$350,000
2016000—
2015110$283,000
2014000—
2013220$200,000
2012110$190,000
2011000—
2010440$1 million
2009330$200,000
2008330$480,000
2007550$1.3 million
2006862$912,000
2005110$90,000
2004220$168,000
2003440$387,000
2002770$572,000
2001660$480,000
2000550$672,000

Pearisburg's permit office didn't report to the Census in 2024, so the 2024 figures are Census estimates.

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.

Affordability

3 years of income

The typical Pearisburg home costs about 3 years of the town's median household income, less than across Virginia (4.5 years).

How Pearisburg ranks on affordability →

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
69.8%
Virginia: 67.3%
Median tax bill
$973
Virginia: $2,790
Median rent
$848
Virginia: $1,579
Typical home built
1963
Virginia: 1984

U.S. Census Bureau, ACS 2020-2024.

Renting

A two-bedroom rents for about $1,030

HUD's Fair Market Rent for a two-bedroom in Pearisburg is $1,030 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Pearisburg pay a median of $848, so moving in tends to cost more than staying put. A two-bedroom takes about 16% of the town's median household income.

1 bedroom
$940
a month, with utilities
2 bedrooms
$1,030
a month, with utilities
3 bedrooms
$1,230
a month, with utilities
Share of income
16%
2 bedrooms ÷ median income

Studio $780 · 4 bedrooms $1,730

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (24134; Giles County, VA HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

On the market

Recent listings in Pearisburg

Listed in the past 60 days. Each opens on the listing site.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01